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Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet

Posted on AllSides May 19th, 2024
From The Right

Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet Authored by Daniel Lacalle, The money supply is rising again, and persistent inflation is not a surprise. Inflation occurs when the amount of currency increases significantly above private sector demand. For investors, the worst decision in this environment of monetary destruction is to invest in sovereign bonds and keep cash. The government’s destruction of the purchasing power of the currency is a policy, not a coincidence. Readers ask me why the government would be interested in eroding the purchasing...

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https://zerohedge.com/economics/inflation-policy-gold-does-not-reflect-monetary-destruction-yet

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